Blackrock will further its ESG ambitions in Asia with the appointment of sustainable investing co-heads for the region.
The New York-headquartered asset manager has appointed Geir Espeskog and Emily Woodland as co-heads of «Blackrock Sustainable Investing» (BSI) for APAC.
Espeskog is Blackrock’s current head of iShares APAC distribution after first joining the exchange-traded fund business in 2010 through its London office. He relocated to Hong Kong in 2015 and has grown iShares assets under management from $50 billion to over $160 billion including for sustainable investment products.
Woodland joins from AMP Capital where she as its head of sustainable investment since 2018 overseeing ESG-related initiatives across products, research, analysis and thought leadership. Previously, she was also with Asia Debt Management’s sustainable investment programs and spent 16 years with UBS in trading and portfolio management.
Sustainable Assets Target: $1 Trillion by 2030
The firm reiterated its announced ambitions to achieve $1 trillion in sustainable assets under management by 2030 and highlighted Asia as a growth driver.
«Already, we are witnessing this phenomenal opportunity with accelerating flows into sustainable strategies,» said global head of sustainable investing Philipp Hildebrand. «Asia is a keystone in advancing the growth of sustainable investing globally.»
